The Texas Bitcoin mining industry is lucky to have the backing of Sen. Ted Cruz. Cruz, who announced his withdrawal from the Republican presidential race in February, was on Fox News Radio this week touting the benefits Bitcoin mining is bringing to the lone star state. Referring to how Bitcoin can help energy grids during batches of extreme weather, Cruz…
Month: September 2023
10 years later, still no Bitcoin ETF — but who cares?
The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create. Source: https://cointelegraph.com/app/public/index.php/news/10-years-later-no-bitcoin-etf
SEC Responds to Ripple Filing, Doubles Down on Appeal Bid
The Securities and Exchange Commission pushed back Friday against Ripple Labs’ efforts to block its appeal of a judge’s ruling that largely favored the cryptocurrency company in its legal fight with the regulator. In the new court filing, the SEC argued that the summary judgment by U.S. District Judge Analisa Torres in July raised “precisely the kinds of ‘knotty legal…
This Week in Coins: Green Candles—But Barely—for Bitcoin and Ethereum as Global Adoption Grows
Illustration by Mitchell Preffer for Decrypt. Bitcoin (BTC) and Ethereum (ETH) started the weekend with slightly higher prices than seven days ago. The world’s biggest cryptocurrency currently trades for $25,815, which is an increase of about 0.6% over the week, while its closest runner-up grew 0.8% to change hands at $1,630. Many other leading cryptocurrencies have also posted similar small…
Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin remains stuck in a range, but certain altcoins are showing signs of breaking down in the near term. Source: https://cointelegraph.com/public/index.php/news/price-analysis-9-8-btc-eth-bnb-xrp-ada-doge-sol-ton-dot-matic
G20 moves forward with international crypto framework
Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy implementation of a cross-border framework for crypto assets. According to local reports in New Delhi — where the group members are attending for a two-day summit — the framework will facilitate information exchange between countries beginning in 2027. “We call…
Ripple to Acquire Crypto Custodian Fortress Trust
Ripple announced on Friday that it intends to acquire Nevada-based Fortress Trust—a Web3-focused financial, regulatory, and technology infrastructure provider. “They’ve built an impressive business with recurring revenue and a strong roster of both crypto-native and new-to-crypto customers,” says Brad Garlinghouse, CEO of Ripple, in a press release. “We’re excited to bring on this team and its technology to accelerate our…
Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin remains stuck in a range, but certain altcoins are showing signs of breaking down in the near term. Source: https://cointelegraph.com/app/public/index.php/news/price-analysis-9-8-btc-eth-bnb-xrp-ada-doge-sol-ton-dot-matic
Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
Stuart Alderoty highlighted that Gensler had requested an urgent appeal despite asserting that crypto regulations and rules were clear and must be adhered to by… Source: https://cointelegraph.com/public/index.php/news/ripple-clo-calls-sec-latest-filing-hypocritical-pivot
Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
Stuart Alderoty highlighted that Gensler had requested an urgent appeal despite asserting that crypto regulations and rules were clear and must be adhered to by… Source: https://cointelegraph.com/app/public/index.php/news/ripple-clo-calls-sec-latest-filing-hypocritical-pivot